The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

ATDS · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

IOT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CSGP · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

PENG · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureATDSIOTCSGPPENG
Moat Score (0–100)52 (highest)52 (highest)52 (highest)52 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend576283 (highest)69
Pricing power7999100 (highest)26
Returns on capital021 (highest)21 (highest)
Balance-sheet safety28555599 (highest)
Capital discipline44 (highest)44 (highest)044 (highest)
Price vs. high estimateNo price dataNo price data262% above high estimate (largest discount to high estimate)538% above high estimate
Market cap$72904$22.1B$12.4B$2.8B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025